TruNarrative, Accurate Biometrics, ForgeRock announce executive management changes

Categories Biometrics News  |  Trade Notes

TruNarrative has appointed Michael Roche as General Manager U.S. Markets, following the opening of its U.S. headquarters in Atlanta, Georgia in November last year.

Roche will lead TruNarrative’s go-to-market teams and guide the evolution of its no-code platform.

“I am excited to lead our U.S. operations during this crucial growth phase. Financial crime has reached a watershed moment, as demonstrated by the strong demand for our RegTech platform,” Roche said. “Banks, lenders, FinTechs and other regulated companies are searching for capable, credible risk and compliance solutions that enable them to smoothly onboard more customers, increase revenue and scale operations.”

Roche brings years of experience in financial services and risk technology, operational leadership and deep knowledge of analytics. Prior to joining TruNarrative, Roche worked at Visa digital authentication company CardinalCommerce for 13 years, and before he was Vice President of Global Fraud Product at payment processor Elavon.

The result of a partnership between John Lord, former Group Managing Director at GBG, and Larry Smith, founder of Provenir and Kitewheel, TruNarrative has already been implemented by banks, lenders, e-commerce, merchant acquirers and payments services in Europe to prevent financial crime and ensure a frictionless customer onboarding process.

“Launching our platform across European markets has provided us with an ideal testbed for demonstrating the value of our unified approach. Addressing Europe’s different regulations will serve us well as we expand into North America’s multiple jurisdictions,” said John Lord, CEO of TruNarrative.

TruNarrative builds a financial crime and anti-fraud software platform that connects multiple identity verification, fraud detection, eKYC, and AML compliance data providers via a single API.

Its solution helps companies reduce costs and increase operational efficiency, it detects fraud through a risk-based approach, enables compliance and regulatory transparency in multiple jurisdictions, and delivers agile customer journeys, TruNarrative claims.

“Our AML data solution integrated with TruNarrative’s decision engine platform dramatically improves the screening and monitoring of sanctions as well as regulatory and enforcement watchlists, adverse media and PEP’s with associations,“ said Kristin Stafford, co-founder and CEO of Atlanta-based AML technology company Vital4.

TruNarrative’s integration portfolio includes credit reporting agencies, document and biometric verification services, device intelligence suppliers, and market-leading data service providers from the EU and U.S.

Accurate Biometrics appoints new president

Accurate Biometrics has appointed Raymond Palys as president, following Tim Daniels’ decision to pursue other opportunities.

Palys has over 35 years’ business experience and has spent 25 years offering business management consultancy to middle market enterprises. Throughout his career, Palys has offered consultancy services to over 200 businesses related to strategic planning, sales performance, organizational development, financial controls, business excellence and performance management.

Palys holds a BS in industrial management from Northern Illinois University, and an MBA in finance from Loyola University of Chicago. For the past three years, he has been providing consultancy to Accurate Biometrics, advising on leadership, planning, communication, performance, and operations.

“Ray is the right leader for Accurate Biometrics,” said Accurate Biometrics CEO Peggy Critchfield. “Ray’s extensive background and business development skills positions Accurate Biometrics to strengthen its current partnerships and expand our fingerprint service and technology solutions platform to meet the demands of the industry. We believe his strong leadership experience will continue to position Accurate Biometrics as a ‘Best in Class’ fingerprint service provider.”

ForgeRock designates new SVP of Asia-Pacific and Japan

ForgeRock has chosen David Hope as Senior Vice President for Asia-Pacific and Japan to capitalize on regional growth, the company announced.

Hope will leverage his over 20 years of experience in enterprise IT leadership to grow the company’s investment in digital identity in the region. His focus will be on business development, channel expansion and growing the regional team.

ForgeRock closed 2019 with 200 percent growth in Annual Recurring Revenue (ARR) in Asia-Pacific. The company’s client portfolio grew following partnerships with businesses operating in digital transformation, virtual banking and consumer data right initiatives.

“David is an exceptional operator known for growing businesses in the Asia-Pacific region. He will be a great addition to our team and will help further strengthen our position as a leading digital identity provider for Fortune 5,000 customers,” said Pete Angstadt, chief revenue officer at ForgeRock.

Prior to joining ForgeRock, Hope was president of Asia-Pacific at Workday, vice president, managing director of Asia-Pacific for three years at Pitney Bowes Software, and general manager and regional marketing director at Infor Global Solutions for Asia-Pacific South.

“I am excited and honored to join Pete and the team,” said Hope. “ForgeRock has an exciting customer base, and is uniquely positioned to serve the digital identity needs of the enterprise with its comprehensive platform that is cloud-ready, and its commitment to customer success is second to none.”

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